please and thank you! ill make sure to rate!

In language about internal control, this term(s) or phrase means: "any potential adverse occurrence" Exposure/Impact Likelihood/Risk Expected loss Threst/Event The potential amount of loss from a threat is: Risk Scenario Exposure Event Jill the auditor visits Burrowing Owl manufacturing on the first day of engagement planning. Burrowing Owl's controller gives her several pages that describe how accounting processes are performed, written out, in paragraphs that say people's names and what actions they perform. This is an example of: Data source Source documents Context diagram Narrative description This risk does not take into account the effect of any internal control: Inherent risk Diagnostic risk Residual risk Universal risk